Reward/Risk Calculation of AHF.ASX

Demonstration of Reward / Risk calculation is as follows:

Potential Reward / Risk ratio of approx. 3.5/1 was on hand when the AHF.ASX trade was initiated. Position size was calculated accordingly. If  trade is successful, I would be exiting my position at the profit target of 36.5 cents. End of day close at or below 14 cents on the other hand will mean exiting the trade at a loss and moving on.

OBV and RSI at the bottom windows are part of the template which I use on the bar charts which has nothing to do with the calculation or this PnF chart must also be said.

Disclosure : AHF is held.

Chart is courtesy of tradingview.com

nhfpnf21042018

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